China Strikes Back: A New Chapter in the Tech Cold War
Matilda
China Strikes Back: A New Chapter in the Tech Cold War
In a significant escalation of the ongoing tech rivalry between the US and China, Beijing has imposed new restrictions on the export of critical minerals to the United States. On December 3rd, 2024, the Chinese Ministry of Commerce announced that it would no longer permit the sale of gallium, germanium, antimony, and other key minerals to the US. These materials are essential components in a wide range of industries, including semiconductor manufacturing, renewable energy, and military technology. This move comes as a direct response to the Biden Administration's recent imposition of stringent export controls on advanced semiconductor chips and chipmaking equipment to China. The US government is concerned that these technologies could be used to develop military capabilities that pose a threat to national security. The US Department of Commerce's new rules aim to significantly curtail China's ability to produce advanced semiconductors, particularly those used in artificial in…
